Insurers' Deposits With State

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Insurers' Deposits With State

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Section
58-7-1

Amounts required to be deposited by domestic insurers--Financial institutions to report to director.

Section
58-7-2

Assets acceptable for deposit of reserves.

Section
58-7-3

Credit of other deposit against reserve deposit.

Section
58-7-4

Annual deposit of additional securities to cover increase of reserves.

Section
58-7-5

Ineligibility for deposit of securities in default.

Section
58-7-6

Authorized deposits of insurers.

Section
58-7-7

Purpose of deposits.

Section
58-7-8

Certificates of deposit--Eligible securities--Purpose of deposits.

Section
58-7-9

Deposit of domestic insurer held in this state pursuant to laws of another state or country--Assets comprising--Protection of all policyholders of insurer.

Section
58-7-10

Deposits of reserves of domestic life insurer--Assets comprising--Holding for common benefit of policyholders and annuity contracts.

Section
58-7-11

Deposits of reserves of domestic insurers other than life--Holding for common benefit of all policyholders.

Section
58-7-12

Deposits of foreign insurers--Assets comprising--Holding for purposes required by law and as specified by director.

Section
58-7-13

Assignment to director of securities not negotiable by delivery--Power of attorney.

Section
58-7-14

Real estate used as deposit--Deed of trust, execution, and recording prior to deposit with director--Appraisal required.

Section
58-7-15

58-7-15.Repealed by SL 1991, ch 398, §7

Section
58-7-16

Record by director of assets deposited.

Section
58-7-17

Release of assigned security--Reassignment to insurer or other person.

Section
58-7-18

Deposit of reserves in financial institutions.

Section
58-7-19

58-7-19.Repealed by SL 1991, ch 398, §10

Section
58-7-20

Terms of depository or custodial arrangements for deposit of reserves.

Section
58-7-21

Forms and terms of depository or custodial arrangement.

Section
58-7-22

Compensation and expenses of depository or custodian borne by insurer.

Section
58-7-23

Nonliability of director and state for safekeeping by custodian.

Section
58-7-24

Custodial arrangements--Termination by director--New arrangements.

Section
58-7-25

Effect of deposit in foreign state.

Section
58-7-26

Sufficiency of deposit--Valuation of assets.

Section
58-7-27

Decline in market value of deposited assets--Deposit of additional assets or securities.

Section
58-7-28

Appraisal or valuation of deposited assets or securities--Cost borne by insurer.

Section
58-7-29

Deposit exceeding requirements--Release to insurer upon request--Release during insolvency of insurer.

Section
58-7-30

Right of insurer to deposited assets and securities during solvency.

Section
58-7-31

Levy upon deposited assets and securities.

Section
58-7-32

Deposits by foreign or alien insurers not subject to taxation.

Section
58-7-33

Duration of deposit of assets and securities.

Section
58-7-34

Release of deposit on request of domestic insurer.

Section
58-7-35

Return of deposit of foreign insurer.

Section
58-7-36

Return of deposit upon merger or consolidation of insurer.

Section
58-7-37

Insurer subject to delinquency proceedings--Surrender of deposited assets and securities to authorized officer of court.

Section
58-7-38

Release of deposited assets--Terms--Nonliability of director acting in good faith.

Section
58-7-39

Certain depository or custodial requirements superseded.